Category: crypto

Magic Eden is acquiring Slingshot, a crypto trading app, to expand beyond NFTs and challenge centralized exchanges. The acquisition aims to create a fully on-chain trading experience and offer a seamless and safe way to buy and sell crypto and digital assets across all chains. The move comes as the crypto industry shifts towards decentralized…

Bitcoin-heavyweight Strategy, formerly MicroStrategy, transferred over 8,000 BTC to new wallets worth more than $700 million. This raised concerns in the crypto community that the company might be preparing to sell some of its holdings to cover financial obligations. Despite recent market volatility, Strategy has pledged to hold onto its assets.

Bitcoin (BTC) surged above $82,000 after Trump announced a 90-day tariff pause for most nations, excluding China. The move was seen as a strategic timeout to stabilize global supply chains and prevent a recession, leading to a rally in global markets. Other cryptocurrencies like Ethereum (ETH) and Solana (SOL) also saw gains. Markets reacted with…

The top performing exchange-traded funds (ETFs) year-to-date are the UltraShort Ether ETF (ETHD) and T-Rex 2X Inverse Ether Daily Target ETF (ETQ), both exposed to short Ethereum 2x leveraged positions. ETHD has returned 247% and ETQ 219.2%, outperforming other leveraged ETFs due to Ethereum’s price reversal.

Cybercriminals are targeting crypto users through SourceForge, uploading fake Microsoft Office installers with hidden malware. More than 4,600 incidents were recorded in Q1 2025, with 90% of affected users in Russia. The attackers use clipbanker Trojans and crypto miners to steal money and sensitive information from unsuspecting users.

Congresswoman Maxine Waters criticized President Trump for exploiting crypto markets to increase his wealth, leaving retail investors with losses. She condemned Trump-affiliated digital assets like the Official Trump Token, which collapsed by 90%, wiping out billions for investors while Trump’s net worth doubled. Waters raised concerns about regulatory favoritism with stablecoin USD1.

World Liberty Financial, a DeFi project partly owned by the Trump family, sold 5,471 ETH for $8.01 million amid Ethereum’s price struggles. The firm faces a $125 million unrealized loss as ETH prices dip. Despite this, DWF Labs invested $25 million in WLFI tokens, showing confidence in the project. USD1 stablecoin, launched by WLFI, has…

Binance is set to release LDUSDT, a new token for futures trading that offers passive income. It is not a stablecoin but a margin asset that allows users to earn rewards. The token follows the release of BFUSD and will launch soon on Binance’s platform. US regulators are closely monitoring yield-bearing stablecoins.

Cboe BZX Exchange has submitted a proposal to the SEC to list an ETF tied to the Sui blockchain. The fund would provide regulated exposure to the SUI token, attracting traditional finance institutions. This filing is part of a trend of crypto-focused investment products gaining traction in the US, signaling a maturing market.

Bitcoin has been trading lower in April, losing most of its gains from Q1 due to escalating US-China trade tensions. The market response, influenced by the trade war, has caused Treasury yields, oil, equities, and Bitcoin prices to fall. Bitcoin’s correlation with macroeconomic factors has deepened, impacting its performance and market positioning.